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Category: FINANCE

Posted on 21/02/2021

As Shopee succeeds in Southeast Asia, rivals such as Tokopedia are heating up the competition

Why the rise of Singapore’s tech giant Sea has been a hot topic But ... It last month announced a partnership with Standard Chartered to boost its digital financial services offering, while it is also ... ( read original story ...)

Posted on 21/02/2021

DBS faces lawsuits in India after takeover of Lakshmi Vilas Bank

DBS Group Holdings, South-east Asia's largest lender, said it's facing lawsuits in India related to its recent takeover of a struggling local bank.. Read more at straitstimes.com. ( read original story ...)

Posted on 21/02/2021

DBS facing lawsuits in India after takeover of Lakshmi Vilas Bank

The amalgamation of LVB and the Indian unit of DBS was completed on November 27, 2020 after approval from the Reserve Bank of India. ( read original story ...)

Posted on 20/02/2021

Tennis: French world No. 36 Mannarino leads field at ATP 250 Singapore Open

SINGAPORE - Canadian star Felix Auger-Aliassime was one of several notable absentees when the players list for the upcoming Singapore Tennis Open was released on the event's official website on ... ( read original story ...)

Posted on 20/02/2021

Ex-UOB vice-president charged with mishandling over S$5.4 million

Singapore—Sixty-five-year-old Ling Shek Lun, who used to be a vice-president at UOB, has been charged with mishandling millions of dollars, reported straitstimes.com (ST) on Friday (Feb 19). Ling, a ... ( read original story ...)

Posted on 20/02/2021

Singapore Police Probe 2 Firms in Alleged Metal Investment Fraud

Singapore’s Commercial Affairs Department, a police unit for financial crime, is investigating two companies for alleged fraud related to a nickel investment scheme. ( read original story ...)

Posted on 20/02/2021

DBS Faces Lawsuits in India Post-Takeover of Lakshmi Vilas Bank

DBS Group Holdings Ltd., Southeast Asia’s largest lender, said it’s facing lawsuits in India related to its recent takeover of a struggling local bank. ( read original story ...)

Posted on 20/02/2021

Why the rise of Singapore’s tech giant Sea has been a hot topic

What began as a modest gaming firm has grown into a US$137 billion behemoth with e-commerce and digital payment ambitions. Will this unicorn’s fairy tale rise have a happy ending? ( read original story ...)

Posted on 20/02/2021

Former UOB V-P accused of multiple offences including misappropriating more than $5m

SINGAPORE - A former vice-president at UOB has been hauled to a district court after he allegedly misappropriated cash totalling more than $5.3 million while he was holding the position. Ling Shek Lun ... ( read original story ...)

Posted on 19/02/2021

UOB and SBF to connect Singapore companies to cross-border opportunities

United Overseas Bank (UOB) announced that it is stepping up its efforts to help more Singapore companies seize cross-border opportunities. ( read original story ...)

Posted on 19/02/2021

Philippines set to take rare, top spot for IPOs in Southeast Asia

A clutch of Philippine firms, including newly launched real estate investment trusts (REITs), could make the country Southeast Asia's biggest IPO market this year, driven by attractive valuations and ... ( read original story ...)

Posted on 19/02/2021

Emerging stronger together: 8 winners (and non-winners) from the Singapore Budget 2021

The Singapore Budget 2021 was announced yesterday in parliament by Deputy Prime Minister and Finance Minister Heng Swee Keat.Despite the budget’s theme of “Emerging Stronger Together,” as with every ... ( read original story ...)

Posted on 19/02/2021

Cilic, Mannarino Seek Singapore Success: All You Need To Know

All about the ATP Tour's first tennis tournament in Singapore in 22 years, the Singapore Tennis Open, featuring Adrian Mannarino, John Millman and Marin Cilic. ( read original story ...)

Posted on 19/02/2021

Singapore May List Blank-Check Companies, Or SPACs, This Year

The Singapore Exchange, a major stock market in Asia, has reportedly been considering the idea of listing blank-check companies. ( read original story ...)

Posted on 19/02/2021

RailTel IPO subscribed 42 times on last day

Analysts said RailTel is a debt-free company and pays consistent dividends and, thus, could witness some traction. But there are a few red flags for long-term investors. ( read original story ...)

Posted on 18/02/2021

Singapore’s push for green infrastructure bonds will spur private sector into action, say experts

SINGAPORE: Singapore's plan to fund infrastructure projects with green bonds is set to "spur" the private sector into action, paving the way for a ... ( read original story ...)

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